Boeing Looks to Algae as Alternative Aviation Fuel
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Germany Sets Tougher Climate Goals
URL: http://www.planetark.com/dailynewsstory.cfm/newsid/41588/story.htm Website: http://www.planetark.com/dailynewsstory.cfm/newsid/41588/story.htm
Key Points: Canada's Plan to Cut Greenhouse Gases
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EPA Proposes Controversial Power Plant Rule
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States Wax Fluorescent: Lawmakers in Seven States Want to Ban Bulbs
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Solar Hot Water Could Save CA. 24% of Gas
The Environment California Research & Policy Center – along with a coalition of policy makers, environmental groups and businesses – released a report on the potential of solar water heating technologies. It found that solar hot water could save California 1.2 billion therms of natural gas a year, the equivalent of 24% of all gas used in homes and equal to 5% of statewide gas consumption. Solar water heating could reduce global warming pollution by 6.8 million tons of CO2 per year – 5% of the total reductions needed to meet the state’s greenhouse gas emissions cap by 2020. In addition, consumers can cut their energy bills by up to 50% by investing in solar water heating technology. Some studies show that a 5% reduction in demand could shave 25-35% off California’s wholesale natural gas prices. AB 1470, legislation currently moving through the state Legislature, is a companion to SB 1 signed into law last year, the Million Solar Roofs bill. As it created incentives for solar electric panels funded through a small surcharge on electricity bills, AB 1470 would work similarly for solar water heating systems through a small surcharge on natural gas bills. Less than 1 percent of […]
Calif. Sues DOE on Washing-Machine Water Standards, Threatens Emissions Suit
URL: http://www.planetark.com/dailynewsstory.cfm/newsid/41584/story.htm Website: http://www.planetark.com/dailynewsstory.cfm/newsid/41584/story.htm
Ethanol Transit Hub to be Built
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Suntech Says U.S. Solar Market Growing 30-50% a Year
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MEMC Q1 profit rises 100%
MEMC Electronic Materials Inc. (NYSE: WFR), a silicon manufacturer, reported that its first-quarter profit doubled on 29% revenue growth as it made its first shipments of its new solar wafers. The company reported profit of $134.7 million on revenue of $440.4 million, compared with profit of $67.3 million on revenue of $341.5 million in the same period of 2006. Analysts were expecting the company to earn $0.69 per share on $444 million in sales. Shares traded down sharply after market hours, as the current valuation requires the company to beat numbers just to stay in place. MEMC Chief Executive Nabeel Gareeb said, “We are pleased to have grown revenue by almost 5 percent over the previous quarter, despite some semiconductor application areas being weaker than anticipated. Solar demand, however, remained healthy.” For the second quarter, MEMC officials expect revenue between $460 million and $470 million.
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